Balanced Scorecard is the strategic management methodology of the century. Co-Created by Robert S. Kaplan and David P. Nortan, it has been adopted by many blue-chip companies such as Volkswagen, Ford® Motor Company, as well as many public sector organizations such as The Department of Economy & Tourism in Dubai®, Saudi Irrigation Organization and Gulf Standardization Organization (GSO) along with many more.
The Balanced Scorecard methodology has managed to stay relevant even 30 years after its conception, and there are strong reasons for it. The balanced scorecard offers transparency as it looks at a wide range of areas that are its 4 Perspectives. To read more about the 4 perspectives of balanced scorecard.
Balanced Scorecard is the strategic management methodology of the century. Co-Created by Robert S. Kaplan and David P. Nortan, it has been adopted by many blue-chip companies such as Volkswagen, Ford® Motor Company, as well as many public sector organizations such as The Department of Economy & Tourism in Dubai®, Saudi Irrigation Organization and Gulf Standardization Organization (GSO) along with many more.
The Balanced Scorecard methodology has managed to stay relevant even 30 years after its conception, and there are strong reasons for it. The balanced scorecard offers transparency as it looks at a wide range of areas that are its 4 Perspectives. To read more about the 4 perspectives of balanced scorecard,
The Balanced Scorecard aids in aligning your operations and ground level work with your over-arching strategy. The sophisticated system of organizing the strategic and operational KPIs under 4 Perspectives integrates the important data stemming from various stake holders and ensures that none of these stake holders are ignored when conceiving future strategy.
Balanced Scorecard Softwares
Mostly newly developed Balanced Scorecards are managed through spreadsheets. This is a convenient form of KPI management and can aid in the Strategy Management of small-to-medium sized companies. However, as the Strategy becomes more sophisticated and incorporates more and more data from various stakeholders, it becomes extremely tedious to keep track of numerous scorecards and also the display this through various charts, reports and dashboards to upper management. This is where Strategy Management software comes in to the rescue.
Strategy Management softwares can usually be used flexibly; this means that apart from the Balanced Scorecard or Objective and Key Results (OKR) methodology, it can be used for simple KPI Management. In order to aid integration from different stakeholder, Strategy Management Softwares often times have sections like Initiatives management, Project Management, Dashboards, and Business intelligence, Database Integration options as well.
One such software is Spider Impact® by Spider Strategies® and Green Crystal Consulting Group is the authorized reseller partner in UAE, Saudi Arabia, Oman, Qatar and Pakistan.
Spider Impact® by Spider Strategies® as a Balanced Scorecard Software
Spider Impact® is developed by Spider Strategies®, USA. It is especially designed to cater to the Balanced Scorecards; however it can be used for many other methodologies such as OKR, Hoshin Kanri as well as simple KPI and Objectives. It has flexible and code-free options of numerous charts, reports, dashboards and datasets. It provides option to manage your organization’s Projects as well as directly link your databases to the system for ad-hoc analysis. The databases like Oracle, DB2, MySQL, SQL Server can all be seamlessly integrated. Options to link your KPI Values with Google Sheets and FTP/SFTP is also provided.
Spider Impact® by Spider Strategies® also provides code-free chart and reports options. To see more about charts in Spider Impact®, check out this article.
One of the best features of Spider Impact® is the code-free dashboard options. Unlimited customized dashboards can be made with just a few clicks! Check out more of sample Dashboards here.
Spider Impact® by Spider Strategies® is available in both English in Arabic. Many of our esteemed clients like University of Sharjah, Abdul Latif Jameel, and The Department of Economy & Tourism in Dubai® have their Strategy Management Softwares in English. On the other hand, our clients such as Gulf Standardization Organization (GSO) have their Strategies in Arabic. The team at Crystal Consulting Group was present throughout the implementation process of Spider Impact® at all of these organizations.
